Sumitomo Chemical Co., Ltd. Overview
Company Headquarters: Tokyo, Japan
Founded: 1913
Workforce: ~37,400
Company Working: Sumitomo Chemical Co., Ltd. (Sumitomo) is engaged in the manufacturing and sale of bulk and specialty chemicals. It operates through six business segments, namely petrochemicals & plastics, energy & functional materials, IT-related chemicals, health & crop science, pharmaceuticals, and others. It operates globally through 178 subsidiaries and affiliates. It has nine production plants in Japan and 23 R&D centers in Japan and 37 production plants in the international markets. It invested nearly USD 1.47 billion in R&D in 2017. It held 10,215 patents, as of April 2018.
Strategy
Sumitomo is focused on bringing in innovation to enhance financial strength, improve product and business portfolio, and gain benefits from launching next-generation businesses, for instance, the development of nucleic acid medicines.



